Featured Domains

Mining company says it’s acquiring Jade.com for $1.25 million

A Canadian Jade mining company says it has entered into an agreement to acquire the Jade.com domain name for USD $1.25 million.

CDN Jade Mine Resources Inc., a Canadian mining company, said it is raising CAD $1.8 million to help pay for the domain name. In a release, CEO Shao Long Li said, “We are extremely pleased to announce our plans to acquire JADE.COM; this could significantly expand our customer reach by developing a strong platform for the global trade of jade.”

The company is focused on mining jade, a green ornamental stone.

CDN Jade Mine Resources said it plans to close on the transaction as early as today. (Update: the transaction has closed.)

As of right now, the whois record for Jade.com still shows Future Media Architects as the owner. I reached out to Future Media Architects over the weekend to confirm the deal but have not heard back. I also reached out to the buyer this morning and will update this story when I hear back.

It looks they have purchased the domain, see the Whois below.
I’d be curious to know who they raised those funds from with that private placement.
As I wouldn’t be surprised to see it again on the market in the near future …
Anyway, nice name, no doubt, good luck with it 🙂